Mortgage advice
A mortgage for every stage.
From your first home to your next investment, we tailor the right mortgage to your circumstances.
EXPERIENCE
How we work with you
We realise that finding the right mortgage can be confusing.
With our years of experience, we can help you through the process and find the correct mortgage for your budget and situation.
You can visit our offices in Yateley, alternatively, everything can be done over the phone and remotely via email, offering you the flexibility you need.
Types of mortgage explained
To help you understand mortgages in more detail here is our handy guide to the types of deals available.
• Tracker rate - this is based on the Bank of England rate and is either set at a % below or above this for an initial period. Alternatively, a lifetime tracker which is based in the same way for the term of the mortgage.
• Discounted rate - this is based on the lenders standard variable rate which is set by them and is a certain % below this for an initial period.
• Fixed rate - these can be taken out over 2-10 years. The interest rate remains fixed during the agreed period, providing certainty over your mortgage payments.
• Capped rate - these are variable rate mortgages that do not go above a maximum set limit.
• Offset or current account - these allow you to link a current account and/or savings account to your mortgage enabling you to offset any balances within these against your mortgage balance. They are especially attractive to higher rate taxpayers and you can also have access to your savings if you need them.
• Flexible - these may allow you to pay off lump sums, increase your monthly payment and, in some cases, borrow back extra money, subject to lender terms and conditions.
If you are experiencing financial difficulty and struggling to make repayments, then you can contact your lender who may be able to help taking account of your individual circumstances.
You may want to contact one of the free impartial money guidance and debt advice services such as StepChange, Citizens Advice, or Turn2Us.
Frequently asked questions
Most lenders will lend between four and four and a half times your annual income, though this varies by lender and circumstances. Affordability is assessed on your income, committed outgoings and credit commitments, and stress-tested against higher interest rates.
A fixed rate gives payment certainty for a set period; a tracker follows the Bank of England base rate, so payments fall if rates drop and rise if they climb. Which suits you depends on your tolerance for payment variation and how much certainty you need for budgeting.
A decision in principle usually involves a soft credit search, which does not affect your score. A full application involves a hard search, which is recorded. Several hard searches in a short period can affect your score, which is a reason to take advice before applying rather than applying speculatively to multiple lenders.
A lender's indication of how much they would be willing to lend, based on information you provide and a soft credit check. It is not a guarantee of a mortgage offer, but estate agents often require one before accepting an offer on a property.
Loan-to-value is the size of your mortgage expressed as a percentage of the property's value. A £180,000 mortgage on a £200,000 property is 90% LTV. Lower LTV generally means access to better rates.
Beyond the interest rate, expect a lender arrangement fee (commonly £0 to £1,999), a valuation fee, legal fees, and potentially an early repayment charge if you leave the deal early. A low rate with a high arrangement fee can cost more overall than a higher rate with no fee, particularly on smaller loans.
Missed payments, defaults and CCJs do not automatically prevent you getting a mortgage, but they narrow which lenders will consider you. Some lenders specialise in applicants with adverse credit. What matters is the type of issue, how recent it is and how it has been resolved.
Your mortgage reverts to the lender's Standard Variable Rate, which is almost always higher than the deal you were on. For a typical mortgage the difference can be several hundred pounds a month, which is why it is worth arranging a new deal around six months before the current one expires. However we will contact you up to 6 months before your rate expires.
We can help you transfer the mortgage over to any new purchase and help get extra money on top of your current mortgage
Your property may be repossessed If you do not keep up with repayments on your mortgage
The Financial Conduct Authority does not regulate most buy to let mortgages.